Entrepreneurial development programme

1. ENTRPRENEURIAL
DEVELOPMENT
PROGRAMME
Presented by
Simran Kaur
MBA 2nd year
IGICM

2. What to study?
• Definition
• Needs
• Objectives
• Phases
• Evaluation

3. Definition
• Programme to develop entrepreneurial abilities among the people.
• Inculcation, development and polishing of entrepreneurial skills into a
person needed to establish and successfully run the enterprise.
• Widen base of entrepreneurship by development, achievement and
motivation.

4. Needs of EDP
• Superior performance of entrepreneurs.
• Induce motivation and competence among the young prospective
entrepreneurs.
• Programmes similar to India’s EDPs are conducted in other countries also,
for example, ‘Junior Achievement Programme’ based on the principle of
‘catch them young’ in USA and ‘Young Enterprises’ in the U. K.

5. Objectives
• Develop and strengthen the entrepreneurial quality, i.e. motivation or need for
achievement.
• Analyse environmental set up relating to small industry and small business.
• Understand the process and procedure involved in setting up a small enterprise.
• Know the sources of help and support available for starting a small scale industry.
• Acquire the necessary managerial skills required to run a small-scale industry.
• Know the pros and cons in becoming an entrepreneur.

6. Phases of EDP
An EDP consists of following three broad phases:
a) Pre training phase
b) Training phase
c) Post training phase (Follow-up)

7. A) Pre-training Phase
The activities and preparations required to launch the programme come under
this phase.
It includes:
i. Designing of Course Curriculum or Contents.
ii. Exploring & Selecting appropriate faculty and resource persons.
iii. Insertion of advertisement.
iv. Screening & selection of potential entrepreneurs.

8. B)Training Phase
The main objective of this phase is to bring desirable change in the
behaviour of trainees.
The behavioural changes that need to be measured and monitored through
the training programme are :
a)Raising the motivation level of entrepreneurs.
b)Developing a goal directed behaviour pattern.
c)Raising positive thinking & belief.

9. B)Training Phase(contd.)
d)Arousing and raising change oriented innovative psych.
e)Arousing & raising a psyche of risk-seeker.
f)Developing a high degree of self-confidence.
g)Developing a psyche of responsibility seeker.
h) Developing a strong sense of perseverance &commitment.

10. C)Post-Training Phase
This phase involves the assessment to judge how far the objectives have
been achieved.
The purpose behind EDP follow-up is to:
a)Review the pre-training work.
b)Review the process of training programme.
c)Review past training approach.

11. Evaluation of EDP
The following main criteria can be employed to comment on the performance
of entrepreneurs:
i. Financial Results
ii. Gestation Period
iii. Capacity Utilization
iv. Expansion and Diversification
v.Value Addition
vi. Other Factors

12. THANKYOU!!!!!